Ripple backs SEC crypto regulation proposal and calls for finalization

CryptoVideos brief
Built from 6 sources 21 Oct 2026 · 06:24 UTC 1 min read Main editor: Earl Jacobson

Ripple filed a comment letter with the SEC supporting the agency's proposed Regulation Crypto Assets. The company urged the SEC to finalize the rule and move away from case-by-case enforcement. Ripple argues the SEC has authority to proceed. Ripple argues the investment contract, not the token, is the security, consistent with Howey. It also rejects using decentralization as a core test for whether a token is a security.

Key points

Ripple filed a comment letter with the SEC supporting its proposed Regulation Crypto Assets.
Ripple urged the SEC to finalize the proposal and end case-by-case enforcement.
Ripple argues the investment contract, not the token, is the security under Howey.
Ripple rejects using decentralization as a core factor in deciding whether a token is a security.
Ripple supports a safe harbor for tokens after the promised work ends.

Why it matters

The proposed framework would replace case-by-case enforcement with established rules, Ripple says. Ripple argues clearer rules would reduce regulatory uncertainty for token projects and investors.

What's unclear

The SEC has not said whether it will finalize the proposed Regulation Crypto Assets or when.

It is not stated whether the SEC will adopt Ripple's requested changes to Rule 400 or Rule 500(b).

Price context · XRP

At publication

$1.29

Now

$1.06

Change since

−17.60%

7 days

Sources · 6 publishers

Cointelegraph Tier 1 First report 19 Oct, 19:54 UTC

Market participants weigh in on SEC’s proposed crypto regulations

U.Today Tier 2 21 Oct, 05:40 UTC

Ripple Backs SEC's Crypto Regulation Proposal

CryptoPotato Tier 2 21 Oct, 06:07 UTC

Ripple Backs SEC’s Proposed Crypto Regulation, Calls for End to Case-by-Case Enforcement

CoinGape Tier 2 21 Oct, 06:27 UTC

Ripple, Cardano, Chainlink, Hedera, Stellar, Aptos & Avalanche Support SEC ‘Regulation Crypto Assets’

Coinpedia Tier 3 21 Oct, 07:16 UTC

XRP News: Ripple Urges SEC to End Crypto Regulation Uncertainty in the U.S.

Blockonomi Tier 3 21 Oct, 09:28 UTC

Ripple Files 20-Page Letter Supporting SEC Regulation Crypto Assets

Coverage timeline

Oct 19, 19:54First reported by Cointelegraph
Oct 21, 05:40Also reported by U.Today
Oct 21, 06:24CryptoVideos brief published
Oct 21, 06:27–09:283 more publishers added to sources
Oct 24, 01:31Brief updated

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error